842/844 SW 39th Ter, Cape Coral, FL, 33914
About This Home
Newer 2017-built, well cared-for income-producing duplex in a convenient south-central location! This property offers two spacious 3-bedroom, 2-bath units, each with a 1-car garage—ideal for investors or those looking to live in one side and rent the other. One unit is already leased at $1,595/month, providing immediate rental income, while the other offers flexibility for owner-occupancy or additional income potential. Ideally located directly across from the library and next to a quiet walking path, this property offers a peaceful setting with everyday conveniences nearby. Each unit features a functional layout with comfortable living spaces, ample bedrooms, and private garage parking. Great investment opportunity with strong rental potential. Photos are of Unit 842. Unit 844 is tenant-occupied with a similar mirrored layout. Whether you’re looking to live in one side and rent the other, or add a solid income-producing property to your portfolio, this duplex delivers value, location, and versatility.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2017
Materials
- Roof: Shingle
- Construction materials: Block,Concrete,Stucco
Type & Style
- Home type: MultiFamily
- Architectural style: None
- Property subType: Duplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Double Hung
- Flooring: Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 2,418
- Total interior livable area: 2,418 sqft
Property
Details
- Parcel number: 034523C303298.0090
- Lease amount: 0
- Land lease expiration date: 1806451200000
- Zoning description: RML
Features
- Exterior features: None
- Waterfront features: None
Lot
- Lot size: 10,018 sqft
- Features: Rectangular Lot
- Lot size dimensions: 80 x 125 x 80 x 125
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Lee County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,421 | $29,052 |
| Home Insurance * | $282 | $3,384 |
| Property Taxes | $831 | $9,972 |
| Electricity | $243 | $2,920 |
| Total | $3,777 | $45,324 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Listed for sale | $478,900 |
| 2019-07-10 | Listing removed | $1,250 |
| 2019-07-02 | Listed for rent | $1,250 |
| 2017-05-16 | Sold | $295,000 |
| 2016-06-27 | Sold | $33,000 |
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